Long

$AJRD Bullish Triangle

Updated

I'm looking for this to break to the upside out of this triangle. (It has a nice basing pattern too since earnings...) If it can do that and clear $46.40 I'll be looking for a long trigger. Ideas, not investing advice.

Trade active

Entry $47.11 Stop 44.50 T-1 49.50 T-2 52.50

Note

Took 1/2 position off at $52.02. I'll let the rest ride until there is a reason to sell.

Trade closed manually

This hit my high target and has pulled back a bit so I closed it out at $52.12 for a nice profit. And, it ran up on geopolitical news which has cooled a bit.

Note

Even though I closed this trade today (1/9), I will keep it on my watch list and re-enter on a strong pullback. I'll post as a new idea if and when that happens.

jaxdog

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.

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